Bengaluru-based defence startup NewSpace has raised INR 26.6 crore (about USD 3.21 million) in a pre-Series B round led by existing backer QRG Investments and Holdings with the participation of Ahmed Ali Husain Nalwala…
Singapore-headquartered CapitaLand Investment (CLI) and its joint venture partner Maharashtra Industrial Development Corp (MIDC) are to sell their respective 78.5% and 21.5% shareholding in Ascendas IT Park (Pune) to…
Private Equity - Venture Capital (PE-VC) firms investments in India fell by 29% in 2022 compared to the record highs of 2021. PE-VC firms invested USD 46 Billion (across 1,261 deals) in Indian companies in 2022…
Recent developments provide hope for many foreign portfolio investors (FPIs), offshore venture capital funds and corporates from Mauritius, Singapore and the Netherlands to be able to avoid capital gains tax on earlier…
Northern Arc Investments Managers (NAIM), the fund management unit of Northern Arc Capital, has attracted a commitment of INR 700 crore towards the first close of its Northern Arc Impact India Fund (NAIIF). Investors…
Digital engineering and transformation services provider INT. (Indus Net Technologies) has invested in Kolkata-based digital consultancy Codebuddy which enables SMEs (small and medium enterprises) and startups to build…
Online skilling platform upGrad is investing INR 30 crore in Hyderabad-based digital transformation enabler TuringMinds. TuringMinds, which was launched last year, currently operates across 15 facilities in the US…
Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has acquired a 23.3% stake in US-based Exyn Technologies Inc for USD 25 million. Exyn is an early stage…
Gurugram-based battery intelligence and analytics platform iRasus has raised a seed funding round from Digital Futurists Angel Networks (DFAN), Elina Investments, and angel investors Bhuvan Gupta and Amit Khetan…
Bengaluru-headquartered data automation platform Immensita has raised INR 23.55 crore (USD 2.9 million) in an extension of its pre-series A round. Bharti Airtel led the round with INR 15.7 crore while existing…